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Why do coal-burning power plants and oil refineries have tall smokestacks?
Deductible Expenses
Expenses that can be subtracted from gross income, reducing the amount of income subject to taxation.
Financial Loss
The reduction in an organization's financial wealth, usually from expenses exceeding revenues in a given period.
Federal Income Tax Returns
Documents filed with the IRS that report earnings, expenses, and other pertinent tax information, used to calculate federal income tax liability.
Cash Dividends
Cash disbursement from a company's income to its shareholders.
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